NST Online Business Times : latest
NST Online Business Times : latest |
| Ringgit opens higher against US dollar Posted: 12 Nov 2013 06:03 PM PST The ringgit opened higher against the US dollar today as appetite for emerging currencies, including the ringgit emerged,
At 9.01am, the local currency rose against the greenback to 3.2065/2085 from 3.2090/2110 yesterday. A dealer said many investors remained on the sidelines over concerns whether the US Federal Reserve would or would not begin trimming its stimulus programme sooner than expected. Meanwhile, against other major currencies, the ringgit was traded mixed. The local note depreciated against the Singapore dollar to 2.5666/5684 from 2.5674/5709 but improved against the yen to 3.2187/2211 from 3.2199/2232 yesterday. Against the British pound, the ringgit rose to 5.0945/0989 from 5.1168/1212 but slipped to 4.3079/3113 from 4.2946/2979 against the euro.-- Bernama |
| KL shares traded lower in early trading Posted: 12 Nov 2013 06:12 PM PST Share prices on Bursa Malaysia opened lower in early trading Wednesday in line with regional equities after Wall Street ended in the red last night, dealers said. At 9.06am, the FTSE Bursa Malaysia KLCI (FBM KLCI) was quoted 4.24 points lower at 1,790.56, after opening at 1,796.19. Turnover stood at 104.574 million shares worth RM54.537 million. Gainers edged losers by 115 to 69, with 1,425 counters unchanged, 1,072 untraded and 16 others suspended.
On the chart, the benchmark index may rebound towards the
Meanwhile, Wall Street was little changed last night. Major US bellwethers finished between flat and -0.2 per cent amid profit-taking pressures as talk emerged that the US Federal Reserve might taper its monetary stimulus programme sooner than expected. Among the stocks that will likely attract added interest on Bursa Malaysia today are TH Heavy Engineering, which has been awarded an oil and gas fabrication contract off the east coast of Peninsular Malaysia, and Land and General after entering into a proposed joint venture to acquire and develop a parcel of commercial leasehold land at Jalan Ampang in Kuala Lumpur, with an estimated gross development value of RM789 million. On the scoreboard, the Finance Index fell 41.55 points to 16,621.961, but the Plantation Index gained 10.65 points to 8,607.43, while the Industrial Index eased 12.08 points to 3,069.52. The FBM Emas Index shed 18.81 points to 12,483.82, the FBMT100 Index declined 20.83 points to 12,206.23, but the FBM Ace was 26.16 points higher at 5,912.53 and the FBM 70 rose 8.71 points to 14,294. Among actives, newly listed Caring Pharmacy, whose shares were listed on the Main Market this morning, gained 65 sen to RM1.90 after opening at RM1.75, with 234,655 shares transacted. Asia Bioenergy Tech added one sen to 13.5 sen, Next Holdings firmed half-a-sen to 7.5 sen and Sumatec Resources garnered three sen to 54.5 sen. As for the heavyweights, Maybank dwindled six sen to RM9.79, CIMB declined three sen to RM7.50 and Axiata lost one sen to RM6.84.-- Bernama |
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